The Oilers have a new owner, pending approval from the NHL, according to an Associated Press report. The 34-member Edmonton Investors Group agreed Tuesday to sell 100 per cent of its shares to local pharmacy billionaire Daryl Katz in a deal worth about $200 million. "This is a terrific level of support that will enable us to move forward with the process of securing NHL approval and conclude this transaction," said Katz in a news release. League approval can take anywhere from six weeks to two months.